Cash deal convert to financed?
I live in WA state and have a deal in TN I put an offer in on. All cash offer - the only way I could obtain the property and the plan is to rent it out .
1) Should I start an LLC and in which state? WA or TN?
2) Can I convert the all cash deal to the LLC at closing?
3) Can I convert the all cash deal to a financed deal post closing?
Any help would be appreciated.
Kris